Indian Railways mulling insurance for baggage, laptops and even mobiles

With 40 lakh people opting for passenger insurance since its launch early this month, Railways is now planning to roll out insurance for baggage, mobiles and laptops in the insurance cover.

There are also plans to expand the existing passenger insurance to include station and ticketing areas so that passengers get the cover in case of any untoward incident on station premises.

“As of now the insurance covers passenger from boarding to alighting from train. We are planning to extend it on station and ticketing areas also. There is potential to extend it to baggage and other valuables like mobile and laptop,” said IRCTC Chairman and Managing Director A K Manocha.

According to IRCTC (Indian Railway Catering and Tourism Corporation), there is immense potential to expand the insurance cover and this would bring down the premium amount. IRCTC along with three private companies provide the insurance cover.